Fixed assets related


This query is : Resolved 

27 September 2008 Hi,

we have purchased some material like Plywood, Fevicol ,sanitarywares etc. for makes some desks for office use against 3 invoices.

:while preparing assets register, How can I show each desk against particular invoice number or transaction in assets register?

:Is it necessary to show like this?

:Any other way that will be better for physical verification of fixed asset.?

:How can we maintain the fixed assets data by using Item code (Asset code) for every desk.

Regards
Vijay

28 September 2008 All the invoice references can be in the capital work in progress account and it is enough if the Journal voucher reference through which capitalisation was done as a consolidated amount in the Fixed Assets register.

30 September 2008 Thanks Sir..


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Follow